Prescient launches the Absolute Defensive Fund

A new arrow in the quiver of Prescient Investment Management

The demand for more conservative funds increased under the current environment where political risk is high and market valuations inflated.  Investors needs safety. 

The Prescient Absolute Defensive Fund is a low-risk low-equity balanced fund launched on 30 June 2017.  The Fund aims to deliver stable income with some participation in equity markets to enhance the potential long term growth.  In addition, the Fund offers exposure to unique investment opportunities in renewable energy inflation linked bonds, incorporating the benefits of diversification and inflation protection. 

The Prescient Absolute Defensive Fund targets an annual return of inflation plus 4% over the long term while aiming to protect capital over rolling 12 month periods. 

A significant portion of the Fund is allocated to high quality income generating instruments, similar to those used in the award-winning Prescient Income Provider Fund, a fund that has been comfortably beating inflation since it was launched more than 11 years ago. 

Disclaimer:

Prescient Management Company (RF) (Pty) Ltd is registered and approved under the Collective Investment Schemes Control Act (No.45 of 2002). Prescient Investment Management (Pty) Ltd, Registration number: 1998/023640/07 is an authorised Financial Services Provider (FSP 612.0) under the Financial Advisory and Intermediary Services Act (No.37 of 2002), to act in the capacity as investment manager. 

Collective Investment Schemes in Securities (CIS) should be considered as medium to long-term investments. The value may go up as well as down and past performance is not necessarily a guide to future performance. Collective investment schemes are traded at ruling process and can engage in borrowing and scrip lending. A schedule of fees and charges and maximum commissions is available on request from the manager. There is no guarantee in respect of capital or returns in a portfolio. For any additional information such as fund prices, fees, brochures, minimum disclosure documents and application forms please go to www.prescient.co.za.  

The Prescient Income Provider Fund won the Raging Bull Award for the Best South African Multi-Asset Income Fund and certificates for the Best South African Mutai-Asset Income Fund and the Best South African Multi-Asset Income Fund on a Risk-Adjusted Basis over five years to December 31, 2016.  Full details and basis of the award are available from the manager